Darden Stumbles on Sales, But Analysts Stay Optimistic On Operational Execution: Here's Why
Darden Stumbles on Sales, But Analysts Stay Optimistic On Operational Execution: Here's Why
Several analysts reiterated their ratings and price targets on Darden Restaurants, Inc. (NYSE:DRI) following today's release of its fourth quarter FY24 earnings.
今日发布第四财季FY24盈利报告后，几家分析师重申对Darden Restaurants，Inc.(NYSE:DRI)的评级和价值区间。
The company reported sales growth of 6.8% Y/Y to $2.957 billion, missing the analyst consensus estimate of $2.975 billion and adjusted EPS of $2.65 topping the consensus of $2.62.
该公司报告的销售额同比增长6.8%至29.57亿美元，低于分析师预测的29.75亿美元，并且调整后的每股收益为2.65美元，超过了分析师预期的2.62美元。
Darden expects FY25 EPS from continuing operations of $9.40-$9.60 (estimate $9.56) and sales of $11.8 billion-$11.9 billion vs. street view of $11.948 billion.
Darden预计FY25持续经营每股收益为9.40美元-9.60美元(预测值为9.56美元)，销售额为118亿美元-119亿美元，而街头预计为119.48亿美元。
Stephens & Co. analyst Jim Salera stated that results showcased the company's strong operational execution, which sets a positive tone for the upcoming conference call. The analyst says they are focused on the trajectory of comparable sales heading into FY25.
Stephens & Co.分析师Jim Salera表示，该公司的业务落地良好，为即将到来的电话会议奠定了积极的基础。该分析师表示，他们关注的是销售区间在FY25的轨迹。
Salera writes that they anticipate potential pressure on the rest of the casual dining and fine dining segments this morning, following the softer results observed in Darden's Olive Garden and Fine Dining segments.
Salera写道，他们预计今天早上在Darden的Olive Garden和Fine Dining方面观察到的软实力结果将可能对整个休闲餐饮和精细餐饮领域造成压力。
Initial FY25 guidance indicates a modestly softer top-line than expected, likely due to challenging macroeconomic conditions, yet better-than-expected profitability with adjusted EPS guidance midpoint above current consensus, driven by enhanced restaurant-level operations, says the analyst.
初步FY25指导意见表明，预期的总体收益略低于预期，可能是由于具有挑战性的宏观经济条件，然而调整后的EPS指导范围中心点高于当前共识，这是由于增强的餐厅运营所驱动的，分析师说。
The analyst reiterated the Equal-Weight rating and a price target of $165.
该分析师重申了Equal-Weight评级，并给出了165美元的价值区间。
Meanwhile, TD Cowen analyst Andrew M. Charles kept the Buy rating and a price target of $170.
与此同时，TD Cowen分析师Andrew M. Charles保持了买入评级和170美元的价值区间。
The analyst says they are encouraged as 2025 is anticipated to align with their expectations for a 10%+ total shareholder return (TSR), supported by a higher EPS guidance range that aligns closely with pre-release consensus.
该分析师表示，他们对2025年预计实现的10%以上的股东总回报(TSR)感到鼓舞，这受到了更高的EPS指导范围的支持，这与预发布的共识相密切相关。
Also, Wedbush analyst Nick Setyan maintained the Outperform rating with a price target of $170.
此外，Wedbush分析师Nick Setyan维持了超配评级和170美元的价值区间。
Investors can gain exposure to the stock via AdvisorShares Restaurant ETF (NYSE:EATZ) and First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV).
投资者可以通过AdvisorShares餐厅ETF（纽交所:EATZ）和First Trust Dorsey Wright Momentum & Dividend ETF（纳斯达克:DDIV）获得该股的收益。
Price Action: DRI shares are up 1.16% at $155.72 at the last check Thursday.
价格走势：周四最后一次检查DRI股票上涨1.16%，报155.72美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：本文部分内容使用了Benzinga Neuro的帮助。此内容是通过AI工具部分制作的，并由Benzinga编辑进行了审查和发布。
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